BlockBeats news, on May 19, Candriam analyst Nicolas Jullien stated in a report that due to the significant negative impact of U.S. tariffs on U.S. economic growth, the euro against the dollar seems likely to strengthen further.
Although the potential impact on inflation is harder to measure, the destruction of demand may be greater than the direct impact of rising prices. He stated that the end of American exceptionalism and the loss of confidence in U.S. assets should benefit the euro as well as Germany's infrastructure and defense spending plans. (Jin Shi)